This is an all foil deck, hence the name...

Mono Red, Red Deck Wins, Sligh, Burn. Call it what you want, these decks come and go over the years in Legacy. They're effective Tier 1 - Tier 1.5 decks but they can do very well or very poorly depending on how well you construct and pilot it. You don't want to have too much land or too few burn, spells that are too expensive or don't do enough damage. Once you're though your initial hand you're basically top-decking the entire game. But that is what this is designed to do, and if you know how to handle its' subtleties it can work very well for you.

Creatures are pretty obvious choices, though Hellspark and Lavamancer don't always play nice together. Magma Jet and Faithless Looting are your card acceleration, also providing fodder for Grim Lavamancer. Reverberate is in your main deck as opposed to Price of Progress in case you run up against a sub Tier 1 deck that doesn't have dual lands, it also helps in the mirror and against control.

The sideboard has the typical Ensnaring Bridge and Sulfuric Vortex. Because mono red is typically weak to artifacts Nevinyrral's Disk was placed into the sideboard. Slagstorm is available to kill other sligh decks, token decks, or mid-sized creature dekcs.